- while (SvAMAGIC(ref) &&
- (tmpsv = amagic_call(ref, &PL_sv_undef, method,
+ if (!SvAMAGIC(ref))
+ return ref;
+ /* return quickly if none of the deref ops are overloaded */
+ stash = SvSTASH(SvRV(ref));
+ assert(SvOOK(stash));
+ if (HvAUX(stash)->xhv_aux_flags & HvAUXf_NO_DEREF)
+ return ref;
+
+ while ((tmpsv = amagic_call(ref, &PL_sv_undef, method,